A firm decides to use a less expensive mode of transportation like train,even though it is slower.This is an example of a

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The decision to use a less expensive mode of transportation, like a train, even though it is slower, is an example of a modal trade-off. This is because the trade-off is between the cost of transportation (the less expensive train) and the speed of transportation (the slower train). A cost-to-cost trade-off would involve choosing between two options with different costs but similar benefits, while a cost-to-service trade-off would involve choosing between two options with different costs and different levels of service or quality. Therefore, the best choice is B.

A Firm Decides to Use a Less Expensive Mode of Transportation